Loan & Debt21 Aug 2026, 02:22 pm
Poonawalla Fincorp Allots ₹150 Cr Tier II NCDs
AI Summary
Poonawalla Fincorp Limited has announced the allotment of 15,000 unsecured, redeemable, rated, listed, subordinated, non-convertible debentures (NCDs) constituting Tier II Capital. The face value of each debenture is ₹1,00,000, totaling ₹150 crore. The company received an aggregate amount of ₹153.54 crore, which includes accrued interest and a discount. These NCDs, series PFL NCD Series ‘SDA1’ FY2026-27 Re-issuance-II, carry a coupon rate of 8.4308% per annum and have a tenure of 3,534 days, with a maturity date of April 24, 2036. The debentures will be listed on the Debt Market Segment of BSE Limited.
Key Highlights
- Allotment of 15,000 Tier II subordinated NCDs worth ₹150 crore.
- Coupon rate offered is 8.4308% per annum.
- Debentures have a tenure of 3,534 days, maturing April 24, 2036.
- NCDs will be listed on BSE Limited's Debt Market Segment.
- Aggregate amount received includes accrued interest and discount.
Price Impact
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